Tax-free long-term crypto holdings in New Zealand. That’s the ACT Party’s latest election campaign pitch. Their proposed platform: • 0% tax on qualifying personal crypto gains held >12 months • Tax-free small everyday purchases (like buying a coffee) • Short-term flips & day trading stay taxable • Lighter rules for Kiwi fintech startups Currently, IRD treats crypto as property and taxes most swaps and sales as income. 355k Kiwi crypto users would love this.(Lark Davis)